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Passes our checks

Termeer Institute Inc

EIN 83-3891656 · Marblehead, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair67 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE. WE SUPPORT AND EMPOWER BRILLIANT LIFE SCIENCE LEADERS TO ADVANCE GROUNDBREAKING, PATIENT-CENTERED SOLUTIONS.

Income
$2.1 million
Spending
$2.3 million
Spent on programs
65%
Reserves
8.7 months of spending
Largest source of income
donations and private grants, 98%
Employees
9
Volunteers
75
Highest pay
$372,268, ceo

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 67 out of 100. Higher than 26% of charities in its peer group (medical research, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.7 months of spending.

  • Debt

    20 of 20

    It owes 11% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    0 of 15

    Income fell 40% on the year before.

  • Spending floor

    15 of 15

    65% of spending went to programs and raising each dollar of donations cost 20 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 54% of charities in its peer group (medical research, $1m to $10m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.5 million spent. TO DATE, OVER 100 LEADERS FROM NINE COUNTRIES AND SIX STATES HAVE BENEFITTED FROM THE TERMEER INSTITUTE'S GROWING LEADERSHIP PROGRAMS. WE HAVE ALSO EXPANDED OUR NETWORK TO INCLUDE TERMEER SCHOLARS, ACADEMIC AND NON-PROFIT LEADERS SEEKING TO SCALE AND DISSEMINATE THEIR KNOWLEDGE TO IMPACT PATIENTS. IN 2025, WE ADDED NINE NEW SCHOLARS TO OUR NETWORK FOR A TOTAL OF 14 TERMEER SCHOLARS ACROSS THE US AND AFRICA. IN 2025, WE UPDATED THE SCHOLARS PROGRAM TO A COHORT MODEL TO FOCUS ON LEADERSHIP AND RESEARCH TRANSLATION SKILL DEVELOPMENT, IN REPONSE TO FEEDBACK FROM PRIOR YEAR SCHOLARS. IN 2025, THE TERMEER INSTITUTE TEAM CONTINUED TO BUILD ITS VALUES-BASED LEADERSHIP MODEL- DELIVERING 25 LEARNING SESSIONS, AWARDING 20 MICRO GRANTS FOR PROFESSIONAL LEADERSHIP DEVELOPMENT, PROVIDING 150 1:1 COACHING HOURS WITH CONSULTANTS AND EXECUTIVE COACHES, CREATING 200+ MENTORING AND ADVISING RELATIONSHIPS WITHIN THE TERMEER NETWORK, PROVIDING 100 HOURS OF VALUES-DRIVEN LEADERSHIP PROGRAMMING, AND ORGANIZING OVER 15 IN-PERSON NETWORKING OPPORTUNITIES TO CREATE CONNECTIONS. THE TERMEER INSTITUTE IS COMMITTED TO ENSURING THE INCLUSIVENESS OF ITS NETWORK, PARTICULARLY IN RECOGNITION OF THE UNDERREPRESENTATION OF WOMEN, PEOPLE WITH DISABILITIES, LGBTQIA+ AND BLACK, BROWN AND INDIGENOUS PEOPLE OF COLOR AT THE EXECUTIVE LEVEL WITHIN THE BIOPHARMACEUTICAL INDUSTRY.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.